Articles

NFL relinquishing long-held tax-exempt status

In a letter to team owners, Commissioner Roger Goodell said the league office and its management council will file returns as taxable entities for the 2015 fiscal year. Goodell said the NFL has been tax-exempt since 1942, though all 32 teams pay taxes on their income.

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Formula E series could race at Speedway

The all-electric Formula E race series has been so successful in its first year that some insiders are talking about its cars competing at the Indianapolis Motor Speedway and even filling the grid of the Indianapolis 500.

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Judge delays decision on NCAA concussion settlement

A U.S. judge has declined to immediately approve the NCAA’s $75 million settlement of a lawsuit by college athletes who’ve suffered head injuries, giving a critic of the accord three weeks to file arguments opposing the revamped deal.

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New concussions deal with NCAA proposed

Filings in U.S. District Court in Chicago late Tuesday night notified a federal judge that there was a new proposed settlement for a head injury lawsuit against the NCAA brought by football players and other college athletes.

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Fishers considers $76M sports facility in Saxony

The facility’s developer wants Fishers to enter into a 20-year lease for specific usage rights that would cost the city $805,000 annually. It also seeks a 10-year tax abatement and a waiver of impact and permit fees.

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